Warby Parker Inc [WRBY] stock prices are up 4.38% to $26.46 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WRBY shares have gain 5.71% over the last week, with a monthly amount glided 15.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Warby Parker Inc [NYSE: WRBY] stock has seen the most recent analyst activity on November 19, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $26 from $22. Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 08, 2024, and elevated its price target to $22. On November 07, 2024, upgrade upgraded it’s rating to Outperform. Goldman upgraded its rating to a Buy and increased its price target to $18 on October 21, 2024. JMP Securities upgraded its rating to a Mkt Outperform but $20 remained the price target by the analyst firm on August 23, 2024. In a note dated October 12, 2023, BTIG Research upgraded an Buy rating on this stock but restated the target price of $17.
The stock price of Warby Parker Inc [WRBY] has been fluctuating between $11.35 and $25.89 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $26.46 at the most recent close of the market. An investor can expect a potential drop of -31.97% based on the average WRBY price forecast.
Analyzing the WRBY fundamentals
The Warby Parker Inc [NYSE:WRBY] reported sales of 742.53M for trailing twelve months, representing a surge of 13.30%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.1 and Total Capital is -0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.57 points at the first support level, and at 24.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.97, and for the 2nd resistance point, it is at 27.47.
Ratios To Look Out For
It’s worth pointing out that Warby Parker Inc [NYSE:WRBY]’s Current Ratio is 2.44. As well, the Quick Ratio is 2.04, while the Cash Ratio is 1.93. Considering the valuation of this stock, the price to sales ratio is 4.48, the price to book ratio is 9.45.
Transactions by insiders
Recent insider trading involved DAVID GILBOA, Director, that happened on Jan 02 ’25 when 0.55 million shares were purchased. Director, NEIL BLUMENTHAL completed a deal on Jan 02 ’25 to buy 0.45 million shares. Meanwhile, Co-Chief Executive Officer Gilboa David Abraham sold 0.14 million shares on Dec 20 ’24.
